Kantar: Online retail sales will top $1 trillion next year
Online retail sales will surpass $1 trillion in 2021 for the first time, growing four times faster than offline sales. The global online retail market grow 4.8 per cent to…
Number of ecommerce retailers has tripled since 2013
The online retail sector has seen the number of news businesses triple over the past five years, seeing more growth than any other business sector. The number of new online…
Over 9000 online retailers in financial “distress”
More than 9000 online retailers are suffering from significant financial “distress” as the retail storm which has dogged the high street this year spreads to companies without physical stores. Online…
Black Friday 2019 to see slowest growth on record “and may potentially even be completely flat”
Black Friday and Christmas trading peaks are unlikely to save online retail sales for the year coming significantly below expectations. IMRG predicted at the start of 2019 that the online…
European retail growth will remain “sluggish” thanks to ecommerce
Online retail growth is set to dampen overall retail growth across Europe over the next year, according to a new report from financial giant Moody’s. Moody’s annual European retail sector…
Online retail sales see biggest fall since 2015
Online retail sales volumes in August saw the biggest monthly fall since 2015, leading to an unexpected decline in overall retail sales in the UK. “Non-store” retailing, predominantly online shopping,…
30% of all ecommerce traffic comes from bots
Ecommerce retailers see more than 30 per cent of their traffic come from bots, as automated attacks on online retailers become more sophisticated. Bot’s account for a staggering percentage of…
UK online retail sales grew 16% to £8.2bn over last year
UK online retail sales have jumped 16 per cent over the past year thanks to the continued popularity of online-only brands. Ecommerce retailers saw sales increase to £8.2 billion in…
Online retail overtakes physical in US for first time in history
Online retail has overtaken physical retail in the US for the first time since records began, marking a major milestone in the evolution of the retail industry. According to a…